There are many reasons why you could have a good or a bad credit score. But if you’re just entering the job market, you may end up with reliable income and a low limit on your credit card. X1 Card wants to solve that by setting limits based on your current and future income instead…
Category: Credit
Brex, last valued at $2.6 billion, is restructuring its credit card for startups business and cut 62 staff members, the co-founders Pedro Franceschi and Henrique Dubugras said in a blog post. “Today we’re restructuring the company to better align our priorities with this new reality, while simultaneously accelerating our product vision. With that, I have…
WhatsApp, which began testing its mobile payments feature in India two years ago, could offer at least one more financial service to people in its biggest market. In a filing with the local regulator in India, the company has listed credit as one of the areas it will pursue in the country. The Facebook -owned…
Credit Kudos, a U.K. fintech using open banking to provide more accurate credit scoring, has raised £5 million in Series A funding. Leading the round is AlbionVC, which is joined by TriplePoint, Plug & Play Ventures, Ascension Ventures’ Fair by Design fund, and Entrepreneur First (EF). In addition, a number of fintech angels participated. They…
PrimaHealth Credit, which offers loans to borrowers to pay for medical treatment, is expanding its pitch to cover addiction treatment centers. Currently, PrimaHealth offers loans for elective healthcare procedures like plastic surgery, LASIK, dental surgery and orthodontics. The move into addiction treatment is both a sign of how broken the American healthcare system is when…
Household debt in the U.S. continues to rise and as of this year now stands at nearly $14 billion. Now, one of the startups that’s building tools to help consumers better cope with that is announcing a round of funding and plans for an IPO — signs of the demand for its services, and its…